Cash-Strapped Shoppers Enter the Used-Car Market on the Losing End 

– Low-income car buyers often end up paying more—as much as two to three times more—for the exact same vehicle than buyers in more favorable financial situations who have a stable job and healthy credit. Cash or credit, it doesn’t matter. This is a brutal reality that used-car dealers see every day. – The reason has […]

Expect Used-Car Prices to Skyrocket in the Southeast Post-Hurricane

– Remember the 2009 Cash for Clunkers program? Some hated it. Others invested in this new form of government cheese. After eight weeks, the entire USA had spent nearly $ 3 billion in taxpayer money to supplement the purchase of almost 690,000 vehicles. It was a big deal, but not nearly as big as what’s […]

Can Facebook Compete with Craigslist for Used-Car Listings?

– Craigslist is not only the used-car capital of the United States, it’s also one of the largest resale marketplaces for nearly everything else. Craigslist has become what the classified section of the newspaper used to be, only better. It’s a free market that is portable and can be read and shared with others who […]